The pre-tax result was a profit of €629m for Q3 17 versus a loss of €255m for Q3 16 and a loss of €624m for Q2 17. Net interest income was down by 16% to €954m for Q3 17 compared to Q3 16. Loan loss provisions decreased by 39% to €168m in Q3 17. Commission income declined by 5% to €738m in Q3 17. Trading income decreased by 12% to €300m for Q3 17 compared to Q3 16. Net income from investments more than tripled from €94m in Q3 16 to €300m (Concardis
09 Nov 2017
Profit in Q3 supported by disposal gains, €100m profit guidance for FY2017
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Profit in Q3 supported by disposal gains, €100m profit guidance for FY2017
The pre-tax result was a profit of €629m for Q3 17 versus a loss of €255m for Q3 16 and a loss of €624m for Q2 17. Net interest income was down by 16% to €954m for Q3 17 compared to Q3 16. Loan loss provisions decreased by 39% to €168m in Q3 17. Commission income declined by 5% to €738m in Q3 17. Trading income decreased by 12% to €300m for Q3 17 compared to Q3 16. Net income from investments more than tripled from €94m in Q3 16 to €300m (Concardis